808 Kara Ave #1Saint JosephIL61873
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Saint Joseph at 808 Kara Ave #1, Saint Joseph, IL, 61873 at $223,500 posts ROI -8.15% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -8.15% and rental yield reads 0% at the current $223,500. Equity gained on principal adds $1,442/yr, and 5% annual appreciation supports $61,749 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2004
N/A lot
$N/A/sqft
$182 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61873, Saint Joseph, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,391 (100%) |
| Owner Occupied HU | 1,991 (83.3%) |
| Renter Occupied HU | 296 (12.4%) |
| Vacant Housing Units | 104 ( 4.3%) |
| Median Home Value | $268,318 |
| Average Home Value | $282,628 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,034
Multi-Family
53
Businesses
119
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Diane Dawson • RE/MAX REALTY ASSOCIATES-CHA
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12354082
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)